AUCT-002140 | On Auction

Upmarket Retail Unit Opposite Oceans Mall In Umhlanga

Sections 9 & 10 SS Beacon Rock, 21 Lighthouse Road, Umhlanga Rocks, eThekwini Metropolitan Municipality, KwaZulu-Natal

Upmarket Retail Unit Opposite Oceans Mall In Umhlanga. Sections 9 & 10 SS Beacon Rock, 21 Lighthouse Road, Umhlanga Rocks

Combined Extent: ± 266 m² | Ideal for fast food outlet, retail or offices | Sold vacant occupation | Excellent exposure – high trading zone


The units forms part of the scheme known as SS Beacon Rock, a sectionalised mixed-use building which is located in Umhlanga Rocks. Beacon Rock is situated at number 21 Lighthouse Road.

Both units will be sold as a combined lot.

The sectional title scheme is situated directly opposite the new Ocean’s Mall and lies on the northern periphery of the Village of Umhlanga, which forms part of the greater Umhlanga Township. It is essentially a coastal suburb which is bisected by the M4 Metropolitan Road or what is known as the ‘Ruth First Highway. Beacon Rock is on the eastern side of the M4, enjoys beach frontage and is approximately 14 kilometres north of Durban City. It is considered one of South Africa’s most sought-after node.

These 2 units have a combined extent of ± 266 m² and are currently utilised as one high-end retail unit which offers excellent street frontage onto Lighthouse Road. The Unit has a complete aluminium and glass frontage and offers a large double volume open retail / showroom area with a small office and ablution facilities. In addition, the unit also offers a mezzanine level which currently comprises an office, storage area and ablution facilities.

The unit is positioned within the heart of the Umhlanga Village and enjoys excellent exposure to both pedestrian and vehicular traffic. The unit will be sold with vacant occupation which presents an Ideal End User opportunity.

There are upmarket residential developments within the area, such as ‘The Pearls of Umhlanga. The area is characterised by upmarket sectional title complexes interspersed with upmarket freehold dwellings. Amenities such as The Gateway Theatre of Shopping, La Lucia Business Park and the Sibaya Casino are all within a 10-minute drive, whilst the Umhlanga Village is within walking distance. The village of Umhlanga is also a popular holiday destination with many high-rise hotels fronting onto the popular beaches. The Umhlanga Village has all the necessary modern amenities, such as doctors, dentists, banks, supermarkets, pharmacies and restaurants. The King Shaka Airport is approximately 20 kilometres north.

Lagoon Drive leads from Umhlanga Village parallel to the beach promenade and links to the M4 freeway. The M4 provides direct access to the Durban City Centre and the Kwa-Zulu Natal North Coast.

Commercial Type:
Retail Space
Web Reference:
AUCT-002140
List price:
POA
Address:
Sections 9 & 10 SS Beacon Rock, 21 Lighthouse Road, Umhlanga Rocks, eThekwini Metropolitan Municipality, KwaZulu-Natal
Auction Venue:
Mount Edgecombe Country Club

Auction Date:
19 March 2024 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R50,000.00 refundable registration deposit. Strictly by EFT. No cash. FICA Documents are required

Bidding opens in


Auction Date: 19 March 2024 11:00:00am


Virend Deonarain
                                                         In2assets Representative

Property Agent


Virend Deonarain
Show number
vdeonarain@in2assets.com


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